NextGen Day

Pampanga’s CLARK FREEPORT. The first Central Luzon Tourism Investment Summit and Business Exchange (CLTISBEX) Hybrid Edition, held on May 4-5 at Hilton Clark Sun Valley Resort, showed vast prospects in the fields of tourism and investment in Central Luzon.

The tourism investment portfolios and distinctive services that make Central Luzon an excellent tourism and investment destination were highlighted at the summit, which was organized by the Department of Tourism Region III, Tourism Promotions Board Philippines, and Subic-Clark Alliance for Development (SCAD).

Due to its two economic zones, rising infrastructure facilities, and the Clark International Airport, DOT Secretary Berna Romulo-Puyat stated Central Luzon is currently one of the most desired investments and tourism destinations in the Asia Pacific region.

“Over the last few years, both the Clark Freeport Zone and the Subic Bay Freeport Zone have seen substantial redevelopment. But this is just the beginning because there is still so much promise in these locations for a variety of industries, not just tourism,” Romulo-Puyat stated during the live-streamed event.

She predicted that the hotel, manufacturing, logistics, information and communications technology, and aviation-related industries will all experience significant and sustained expansion in the region.

“With the completion of its new terminal, Clark now boasts a world-class international airport, while Subic is a strategically important seaport, a significant boost for cruise tourism,” she said.

The region’s key facilities, according to SCAD chairperson Edgardo Pamintuan, make it one of the country’s leading tourism and investment destinations.

“The seamless infrastructures in the entire region, which are primarily connected by the Subic-Clark-Tarlac Expressway (SCTEX), the premier economic zone, the Clark International Airport, and the Port of Subic, which will soon be connected by the Subic-Clark Railway,” Pamintuan added.

The Clark Freeport Zone and Clark Special Economic Zone, which include New Clark City in Capas, and Tarlac, were among the sites promoted to potential investors during the event.

Joshua M. Bingcang, BCDA senior vice president for Conversion and Development, offered updates on New Clark City’s developments as well as future plans to transform the area into a sustainable, disaster-resilient, smart city where business and pleasure can coexist.

The CLTISBEX is held to identify opportunities for sustainable tourism development and to promote Central Luzon as a preferred tourism destination.

The two-day event featured pre-selected regions and projects for local and international investors, as well as virtual business-to-business and networking opportunities.

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